Blog tagged as Mortgage Rates

Rate Expectations for the Rest of 2026: What Borrowers Should Prepare For

Rate Expectations for the Rest of 2026: What Borrowers Should Prepare For

By Mortgages Foundations

As we move deeper into 2026, one thing is clear: interest rate expectations have never been more divided. While the Bank of Canada has maintained a steady hand through the first half of the year, the outlook for the remainder of 2026 is anything but settled. Borrowers, homeowners, and buyers are all...

21.05.26 02:24 PM - Comment(s)
Navigating Your Mortgage Renewal in 2025: Strategies to Manage Higher Payments

Navigating Your Mortgage Renewal in 2025: Strategies to Manage Higher Payments

By Mortgages Foundations

Many Canadians will face higher mortgage payments in 2025 due to rising interest rates. With 60% of mortgages renewing, homeowners should review their finances, explore refinancing, lock in rates early, and seek expert advice. Planning ahead ensures manageable payments and financial security.
23.05.25 05:37 PM - Comment(s)
Bank of Canada Holds Interest Rate Steady Amid Trade Uncertainty

Bank of Canada Holds Interest Rate Steady Amid Trade Uncertainty

By Mortgages Foundations

The Bank of Canada announced on April 16, 2025, that the policy interest rate will remain at 2.75%. This decision reflects trade uncertainty and economic challenges. Learn how this impacts inflation, growth, and Canada's economy, including potential scenarios for homeowners and businesses.
17.04.25 02:02 PM - Comment(s)